Hanshin Machinery Co., Ltd. manufactures and sells air compressors in Korea and internationally. The company offers GRH and RCH series oil flooded compressors; AL, CDH, and FE type oil free screw compressors; and air cooled reciprocating air compressors. It also provides accessories, including refrigerated type air dryers, air filters, after coolers, and air receiver tanks, as well as air dryers for high temperature use; and green compressed air systems. The company was formerly known as Hanshin Machinery Mfg. Co., Ltd. and changed its name to Hanshin Machinery Co., Ltd. in November 1976. Hanshin Machinery Co., Ltd. was founded in 1969 and is based in Ansan, South Korea.
Hanshin Machinery Dividend Announcement
• Hanshin Machinery announced a annually dividend of ₩15.00 per ordinary share which will be made payable on 2025-04-28. Ex dividend date: 2024-12-27
• Hanshin Machinery annual dividend for 2024 was ₩15.00
• Hanshin Machinery annual dividend for 2023 was ₩15.00
• Hanshin Machinery's trailing twelve-month (TTM) dividend yield is 0.42%
• Hanshin Machinery's payout ratio for the trailing twelve months (TTM) is 44.67%
• Hanshin Machinery's dividend growth over the last five years (2018-2023) was -15.59% year
• Hanshin Machinery's dividend growth over the last ten years (2013-2023) was -8.12% year
Hanshin Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩15.00 | annually | 2025-04-28 |
2023-12-27 | ₩15.00 | annually | 2024-04-26 |
2022-12-28 | ₩10.00 | annually | 2023-04-26 |
2021-12-29 | ₩45.00 | annually | 2022-04-07 |
2020-12-29 | ₩35.00 | annually | 2021-04-07 |
2019-12-27 | ₩15.00 | annually | 2020-04-08 |
2018-12-27 | ₩35.00 | annually | 2019-04-09 |
2017-12-27 | ₩65.00 | annually | 2018-04-11 |
2016-12-28 | ₩65.00 | annually | |
2015-12-29 | ₩45.00 | annually | |
2014-12-29 | ₩45.00 | annually | |
2013-12-27 | ₩35.00 | annually |
Hanshin Machinery Dividend per year
Hanshin Machinery Dividend growth
Hanshin Machinery Dividend Yield
Hanshin Machinery current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Hanshin Machinery stock? Use our calculator to estimate your expected dividend yield:
Hanshin Machinery Financial Ratios
Hanshin Machinery Dividend FAQ
Other factors to consider when evaluating Hanshin Machinery as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Hanshin Machinery's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hanshin Machinery publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hanshin Machinery distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hanshin Machinery are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hanshin Machinery sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hanshin Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hanshin Machinery declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hanshin Machinery's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hanshin Machinery's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.